Ministry of Commerce & Industry
Index of Eight Core Industries  for JULY, 2020
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of July, 2020.
2. The combined Index of Eight Core Industries stood at 119.9 in July, 2020, which declined by 9.6  per cent as compared to the Index of July, 2019.Its cumulative growth during April to July, 2020-21 was -20.5%.
3. Final growth rate of Index of Eight Core Industries for April’2020 is revised at -37.9%.The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production .Details of yearly/monthly index and growth rate is provided atAnnexure.
4.Monthly growth rates of Index of Eight Core Industries  is depicted in the graph:
5. The summary of the Index of Eight Core Industries is given below:
Coal- Coal production  declinedby 5.7 per cent in July, 2020 over July,2019. Its cumulative index declined by 12.9per cent during April toJuly, 2020-21over corresponding period of the previous year.
Crude Oil-Crude Oil production  declined by 4.9 per cent inJuly, 2020 over July,2019. Its cumulative index declined by 6.1 per cent during April toJuly, 2020-21over the corresponding period of previous year.
Natural Gas- The Natural Gas production  declinedby10.2 per cent in July, 2020 over July,2019. Its cumulative index declined by 14.7 per cent during April to July, 2020-21 over the corresponding period of previous year.
Refinery Products- Petroleum Refinery production  declined by13.9 per cent in July, 2020 over July,2019. Its cumulative index declinedby 17.1per cent during April to July, 2020-21over the corresponding period of previous year.
Fertilizers-Fertilizers production  increased by 6.9 per cent in July,2020 overJuly,2019. Its cumulative index increasedby 3.9 per cent during April toJuly, 2020-21 over the corresponding period of previous year.
Steel-Steel production declinedby 16.4 per cent inJuly, 2020 over July,2019. Its cumulative index declined by 42.0per centduring April to July, 2020-21 over the corresponding period of previous year.
Cement- Cement production  declinedby13.5per cent inJuly, 2020overJuly,2019. Its cumulative index declinedby32.2per centduring April to July, 2020-21over the corresponding period of previous year.
Electricity- Electricity generation  declinedby2.3per centin July,2020over July,2019. Its cumulative indexdeclined by 12.4per cent duringApril to July, 2020-21over the corresponding period of previous year.
Note 1: Data for May, 2020, June, 2020and July, 2020are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled  under the item ‘Cold Rolled  coils’ within the production of finished steel has also been included.
Note5: Release of the index for August, 2020 will be on Wednesday,30th September,2020.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Apr-July 2019-20
|
|
Apr-July 2020-21
|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
134.1
|
|
133.6
|
|
120.0
|
|
104.4
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
89.8
|
|
84.5
|
|
86.4
|
|
81.2
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.0
|
|
65.1
|
|
67.4
|
|
57.4
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
129.1
|
|
129.4
|
|
127.0
|
|
105.3
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
109.8
|
|
104.0
|
|
108.1
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
147.7
|
|
152.6
|
|
157.3
|
|
91.2
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
147.0
|
|
145.7
|
|
149.0
|
|
101.1
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
156.9
|
|
158.4
|
|
170.9
|
|
149.7
|
|
Overall Index
|
|
100.0000
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
131.2
|
|
131.6
|
|
133.3
|
|
105.9
Growth Rates 
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Apr-July 2019-20
|
|
Apr-July 2020-21
|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
7.4
|
|
-0.4
|
|
1.6
|
|
-12.9
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-4.1
|
|
-5.9
|
|
-6.2
|
|
-6.1
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
0.8
|
|
-5.6
|
|
-0.8
|
|
-14.7
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
3.1
|
|
0.2
|
|
-2.0
|
|
-17.1
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
0.3
|
|
2.7
|
|
-0.4
|
|
3.9
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
5.1
|
|
3.4
|
|
11.4
|
|
-42.0
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
13.3
|
|
-0.9
|
|
2.6
|
|
-32.2
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.2
|
|
0.9
|
|
6.8
|
|
-12.4
|
|
Overall Growth
|
|
100.0000
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.4
|
|
0.4
|
|
3.2
|
|
-20.5
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Jul-19
|
|
106.4
|
|
87.2
|
|
68.1
|
|
132.9
|
|
111.7
|
|
151.7
|
|
146.5
|
|
170.5
|
|
132.6
|
|
Aug-19
|
|
94.8
|
|
86.6
|
|
67.4
|
|
131.0
|
|
112.6
|
|
150.0
|
|
127.7
|
|
165.7
|
|
128.5
|
|
Sep-19
|
|
87.3
|
|
83.4
|
|
64.3
|
|
117.5
|
|
113.9
|
|
141.2
|
|
131.3
|
|
158.7
|
|
120.7
|
|
Oct-19
|
|
109.6
|
|
86.3
|
|
66.3
|
|
134.2
|
|
115.5
|
|
149.5
|
|
137.0
|
|
145.8
|
|
127.4
|
|
Nov-19
|
|
133.6
|
|
82.4
|
|
64.4
|
|
133.0
|
|
116.7
|
|
154.9
|
|
142.4
|
|
139.9
|
|
129.2
|
|
Dec-19
|
|
152.9
|
|
83.5
|
|
65.5
|
|
130.5
|
|
120.5
|
|
165.2
|
|
159.2
|
|
150.2
|
|
135.5
|
|
Jan-20
|
|
164.7
|
|
85.0
|
|
65.3
|
|
134.4
|
|
116.5
|
|
155.4
|
|
164.1
|
|
155.6
|
|
137.4
|
|
Feb-20
|
|
171.1
|
|
75.6
|
|
58.3
|
|
128.9
|
|
107.8
|
|
152.9
|
|
160.7
|
|
153.6
|
|
134.0
|
|
Mar-20
|
|
209.7
|
|
85.0
|
|
60.1
|
|
135.3
|
|
98.3
|
|
133.2
|
|
129.8
|
|
146.9
|
|
134.0
|
|
Apr-20
|
|
103.7
|
|
80.2
|
|
53.3
|
|
94.2
|
|
85.0
|
|
26.9
|
|
22.5
|
|
125.6
|
|
81.2
|
|
May-20
|
|
109.4
|
|
82.0
|
|
57.2
|
|
102.0
|
|
113.4
|
|
92.1
|
|
117.3
|
|
150.6
|
|
106.9
|
|
Jun-20
|
|
104.3
|
|
79.6
|
|
58.1
|
|
110.6
|
|
114.6
|
|
118.8
|
|
137.8
|
|
156.2
|
|
115.6
|
|
Jul-20
|
|
100.3
|
|
83.0
|
|
61.2
|
|
114.5
|
|
119.4
|
|
126.9
|
|
126.8
|
|
166.5
|
|
119.9
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Growth
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Jul-19
|
|
-1.6
|
|
-4.4
|
|
-0.5
|
|
-0.9
|
|
1.5
|
|
8.1
|
|
7.7
|
|
5.2
|
|
2.6
|
|
Aug-19
|
|
-8.6
|
|
-5.4
|
|
-3.9
|
|
2.6
|
|
2.9
|
|
3.8
|
|
-5.1
|
|
-0.9
|
|
-0.2
|
|
Sep-19
|
|
-20.5
|
|
-5.4
|
|
-4.9
|
|
-6.6
|
|
5.4
|
|
-1.4
|
|
-2.0
|
|
-2.6
|
|
-5.1
|
|
Oct-19
|
|
-17.6
|
|
-5.1
|
|
-5.6
|
|
0.4
|
|
11.8
|
|
-0.5
|
|
-7.7
|
|
-12.2
|
|
-5.5
|
|
Nov-19
|
|
-3.5
|
|
-6.0
|
|
-6.4
|
|
3.1
|
|
13.6
|
|
7.0
|
|
4.3
|
|
-4.9
|
|
0.7
|
|
Dec-19
|
|
6.1
|
|
-7.4
|
|
-9.2
|
|
3.0
|
|
10.2
|
|
8.7
|
|
5.5
|
|
0.0
|
|
3.1
|
|
Jan-20
|
|
8.0
|
|
-5.3
|
|
-9.0
|
|
1.9
|
|
-0.1
|
|
1.6
|
|
5.1
|
|
3.2
|
|
2.2
|
|
Feb-20
|
|
11.3
|
|
-6.4
|
|
-9.6
|
|
7.4
|
|
2.9
|
|
2.9
|
|
7.8
|
|
11.5
|
|
6.4
|
|
Mar-20
|
|
4.0
|
|
-5.5
|
|
-15.1
|
|
-0.5
|
|
-11.9
|
|
-21.9
|
|
-25.1
|
|
-8.2
|
|
-8.6
|
|
Apr-20
|
|
-15.5
|
|
-6.4
|
|
-19.9
|
|
-24.2
|
|
-4.5
|
|
-82.8
|
|
-85.2
|
|
-22.9
|
|
-37.9
|
|
May-20
|
|
-14.0
|
|
-7.1
|
|
-16.8
|
|
-21.3
|
|
7.5
|
|
-43.1
|
|
-21.4
|
|
-14.8
|
|
-22.0
|
|
Jun-20
|
|
-15.5
|
|
-6.0
|
|
-12.0
|
|
-8.9
|
|
4.2
|
|
-25.4
|
|
-6.8
|
|
-10.0
|
|
-12.9
|
|
Jul-20
|
|
-5.7
|
|
-4.9
|
|
-10.2
|
|
-13.9
|
|
6.9
|
|
-16.4
|
|
-13.5
|
|
-2.3
|
|
-9.6